Compensatory Rules Allow Consumers to Select Products That May Perform

question 71

True/False

Compensatory rules allow consumers to select products that may perform poorly on one attribute by compensating for the poor performance by good performance on another attribute.

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Definitions:

Tariff

A tax imposed by a government on goods and services imported from other countries to protect domestic industries from foreign competition.

Restrictions

Limitations or constraints imposed on activities, actions, or movements, often by laws, regulations, or policies.

Government Revenue

The income received by the government from taxes, fees, fines, and other sources.

Tariff

A tax imposed by a government on goods and services imported from other countries to protect domestic industries.